OK, so the first T24 offered up some tempting targets. Yet if you recall, the "ovoid" was open ended. That and the T24 pointed towards a north corridor. A little scratching of the surface and vio la, we found proved that exists. So SLI goes off and stakes a huge chunk of further claim area. Others do too.

My understanding is that the mining regulatory situation was changing last year. So while that sorted itself out, SLI grabbed 250% more claim and contracted a further T24 to fill in the remainder of the original property.

An independent analyst has since confirmed that we are on to something. He has laid out the steps we are to follow. I think our people knew this but still we got a second opinion to confirm.

We have just got the details of the second T24. You can rest assured that there was more than just 2 pretty pictures that were released in the past NR. There would be reams of pictures and data, all of which needs to be analyzed and correlated .

Relatively speaking, compared to drilling, this work is cheap. Again see the Technical Report. $302,800 for Phases 1A to 1D compared to $2,200,000 for drilling 10km. (Phase 1E) I think if they, SLI, spend twice as much and twice as long laying the ground work described in Phases 1A to 1D, it's still a bargain. Do everything possible to ensure those drills are aimed at the best potential targets.

Look at it this way. Everyone associated with exploration is an optimist. They have to be. Yes we'd all like to see earlier results. I for one would rather see all the steps done right than done fast. To borrow a quote from Kherson second hand, "Since the deposit has been there for about 10 million years or so, it can along with us, wait a little longer"

The plan is always evolving. The company is telling us we are developing a for real play. We're going to grow. That was last weeks message via the intent to list on the AMEX. As long as we progress, whatever the pace, no worries.